In Mr. Tam's stock analysis on 11.22, could the company behind nvidia be the new focus of AI concept?

Dear Mooers, this video was filmed on November 21st (Thursday) in Cantonese. If any Mooers do not understand Cantonese, you can turn on the AI subtitles below the video.

Here are some key points of today's video:

1. The US stock market

• Nvidia's latest performance is strong. Besides the demand for AI computing power (ie. semiconductors), the market's focus has also shifted to new areas such as cooling systems, power consumption, and the concept of 'AI electrical utilities'. Companies related to this concept may present short-term trading opportunities. Nvidia is bullish for the long term, so you can hold your shares with confidence, or collect option premiums through Short Put strategies or buy on dips.

• The Trump Trade concept still exists, and Tesla is a good long-term investment. Bitcoin has repeatedly hit new highs and is about to surpass the 0.1 million mark. However, in the short term, one must be cautious of the weakening hype around cryptos. Mooers who entered the market above 90,000 BTC, especially those who invested in related concept stocks, should set profit/loss targets, or hedge to ensure safety.

2. The Hong Kong stock market

• Xiaomi's performance is very good, but the stock price has experienced a pullback. This demonstrates that in the Hong Kong stock market, when companies with weak fundamentals perform strongly, their stock prices rise. However, from another perspective, a stock price pullback might be a good opportunity to buy low. The same applies to Meituan.

• The Hang Seng Index's current trading range is 19,300 to 20,000. Wait for year-end policies to be announced, as there is a chance it may climb back above 20,000.

• Recently, Hong Kong stocks have not been so bad. Some stocks with high beta values, such as some biotechnology stocks, have seen capital inflows. Mooers familiar with Hong Kong stocks and with a higher risk preference may consider paying attention to Innovent Bio and Kingsoft; Mooers who are more cautious about Hong Kong stocks may continue to focus on blue chip stocks or opportunities in the US stock market.

3. Other

• Recently, due to geopolitical issues, the gold price has risen, but news changes quickly. If investing in gold, it is necessary to closely follow the news.

• Beware of the continuous surge in US bond yields.

(The above content is for educational purposes and does not involve any recommendations)

(Steven Tam is a licensed person of the SFC, and neither he nor his associates have any financial interests in the above recommended issuers)